Tread.fi (TREAD) — price, funding and open interest
TREAD/USDT perpetual on Kraken: price 0.4832, 24h turnover $207K. Updated in real time.
What this is
Network infrastructureTread.fi — an algorithmic crypto-trading terminal from New York, running since 2022. TREAD is locked for fee discounts and access to its marketplace of trading agents; there is no yield, interest or reward for locking by design. It has traded on Kraken since 16 September 2026, with modest volumes so far.
Chart
Chart built from data of Kraken
What the data shows
TREAD trades at 0.4832, +0.02% over 24 hours. We do not have a year of history for this coin yet.
Over the day +0.02%, over the hour +0.10%, over the last five minutes +0.56% — the move has only just started.
The instrument lives on a single venue (Kraken). Liquidity sits in one book, so slippage here is more noticeable than on coins listed across several exchanges.
TREAD correlation with Bitcoin over 24 hours is -0.26 — it goes its own way, barely looking at Bitcoin.
24-hour turnover is $207K.
The daily range is 28.8% and five-minute NATR is 0.78%.
By turnover it ranks 1444 of 2006 instruments in the screener.
By daily range it ranks 130 of 2006.
NATR is 0.61% on the minute and 3.36% on the hour — the move is even, without sharp excursions inside the hour.
Built from current numbers and the coin's own year of history. Updates with the data.
Our observations
KairoRight now TREAD is within its usual range: volume, funding and open interest are all unremarkable.
Computed from our own minute history for this coin over a year. Percentile is the share of days the value was below today's. Description only, no forecasts.
What we noticed earlier
Similar instruments
From the same group — network infrastructure. They open the same way, with a chart and a breakdown.
Price and movement
Turnover and activity
How to read this
- Funding is a payment between longs and shorts. A positive rate means longs pay shorts: the market is crowded long.
- The rate rank shows how unusual that rate is for this particular coin: 97 means above 97% of the last month, a rare skew. Without the rank the bare number says nothing — every coin has its own normal.
- Open interest is the money sitting in positions that are still open. Rising alongside price means new money entering; rising while price falls means shorts building up.
- The OI rank is measured in contracts rather than dollars: otherwise it would drift up with price alone and claim a record where nothing changed.
- NATR shows how much a coin moves relative to its own price. High NATR with high turnover is where today's action is.